26 O'Hanlon LaneEast berneNY12059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in East berne at 26 O'Hanlon Lane, East berne, NY, 12059 offers $1,915/mo rent that, after a $1,662/mo payment. Total monthly income is $1,915/mo. Return on cash invested measures 16.15% in year one, and rental yield stands at 6.77% at a $339,500 entry. Equity gained on principal adds $2,191/yr while 5% annual appreciation compounds into $93,798 by year five. Five-year ROI records 83.34% and total cumulative return in cash reaches $93,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,915/mo property income versus a $1,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12059, East Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 696 (60.7%) |
| Renter Occupied HU | 106 ( 9.2%) |
| Vacant Housing Units | 345 (30.1%) |
| Median Home Value | $362,791 |
| Average Home Value | $389,397 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Siggia • Salisbury Real Estate Services
Mls Name: Global MLS
Mls ID: #202529416